Concerning your post on the "horse market"
I honestly see no market imbalance. Show horses and endurance
horses are two seperate markets drawing from a supply of
horses of which showable animals are a subset of the total.
Even if your horses are much more likely to succeed at
endurance than a similarly put together *unshowable* animal,
the price differential is, in part, due to the fact
that you can "try" two or three of the cheaper ones for
what a show horse brings.
Your horses are worth to you whatever is the largest
offer that you will refuse, and they are worth to others
at least as much as they agree to pay for them. So we
have the situation that the seller, trying to get as
much as possible from a buyer, doesn't reveal the
minimum offer she will accept, and the buyer, not wanting
to pay any more than necessary, low-balls the initial
bid. If the difference is too great between bid and ask,
one or both parties can be insulted.
No one ever said free markets were especially polite.
And, I'm sorry, but there are few things as satifying as passing
a beautiful, expensive "show quality" horse on the trail when you're
riding your gnarly old cheapo spoon-headed hell pony.... ;-)
S. Rickard
Our horse purchase motto: Buy High, Sell Low.